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Forty Mile County No. 8, AB

Full City Profile · Alberta

3.3 /5.0
B Good
3,471 Population 1/sq mi density
$91,000 Median Income $48,000 per capita
$278,000 Home Value
$765 Median Rent 11.9% income on rent
41°F Avg Temperature 311 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$91,000 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$278,000 home value, $765/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
5.3% bachelor's degree or higher

Forty Mile County No. 8, AB

At a Glance

Median Income
$91,000
21% above
$48,000 per capita
Home Value
$278,000
1% below
Median Rent
$765/mo
34% below
11.9% of income on rent
Bachelor's Degree+
5.3%
84% below
31.0% high school+
Unemployment
4.2%
17% above
10.3% poverty rate
Avg Temperature
41°F
311 sunny days/yr

How Forty Mile County No. 8 Compares to the U.S. Average

Each bar shows Forty Mile County No. 8's value as a percentage of the national average (100% = U.S. avg)

Income
121%
Home Value
99%
Rent
66%
Poverty
83%
Bachelor's
16%
Unemployment
117%
Thin vertical line = U.S. national average (100%)

Is Forty Mile County No. 8 a Good Place to Live?

B
3.3 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Forty Mile County No. 8 residents earn a median household income of $91,000 , which is 21% above the national average of $75,149. Per capita income is $48,000. The unemployment rate stands at 4.2% (17% above the U.S. rate of 3.6%). 10.3% of residents live below the poverty line. The area is home to 108 business establishments.

Housing & Cost of Living

The median home value in Forty Mile County No. 8 is $278,000 , 1% below the national median of $281,900. Median rent is $765/month, with 11.9% of renters spending more than 30% of income on housing.

Education

5.3% of adults in Forty Mile County No. 8 hold a bachelor's degree or higher (84% below the national average). 31.0% have completed high school.

Climate & Weather

Forty Mile County No. 8 has an average annual temperature of 41°F (5°C). Winters average 12°F in January while summers reach 66°F in July. The area gets 311 sunny days per year. Annual precipitation totals 13.8 inches.

Data Overview

People

Population3,471
Median Age31.8 yrs
Density1/mi²
Male / Female52% / 48%

Economy

A
Median Income$91,000
Per Capita$48,000
Unemployment4.2%
Poverty10.3%
Avg Weekly Wage$923

Housing

A+
Home Value$278,000
Rent$765
Ownership81.4%
Housing Units860
Rent Burden11.9%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp41°F
Sunny Days311/yr
Rain13.8 in/yr
Elevation2,943 ft

Education

F
Bachelor's+5.3%
High School+31.0%
Graduate+1.3%

Community

Commute30 min

Did You Know?

75.4% work from home.